Which funds own WMB
Williams Cos Inc in the Q2 2026 filings. At least 12 of the 91 current managers on file reported a position, worth $7.2bn between them. It is among the largest positions of fewer than a fifth of the current managers on file. Buying and selling roughly cancelled this quarter, which is what a name looks like when the argument is still live.
- Managers holding
- 12
- at least, of 91 current
- Combined value
- $7.2bn
- as reported
- Opened
- 2
- new this quarter
- Added to
- 6
- already held
- Trimmed or sold out
- 6
- 2 sold out entirely
Only each manager’s largest 200 positions are listed here, so a smaller holder may be missing.
Managers reporting a position
Largest first. Weight is the share of that manager’s whole reported book, which is the number worth quoting: $400m is a rounding error in one book and a defining bet in another.
| Manager | Value | Weight | Shares | Change on the quarter | Action |
|---|---|---|---|---|---|
| Wellington Management Group LLP Long-only · $580bn book | $2.5bn | 0.4% | 33,097,208 | +$780m+10,013,946 | Added |
| Invesco Ltd Long-only · $1264bn book | $1.4bn | 0.1% | 19,289,385 | +$118m+1,209,626 | Added |
| T. Rowe Price Associates Inc Long-only · $999bn book | $1.1bn | 0.1% | 14,897,067 | -$52m-1,033,096 | Trimmed |
| Neuberger Berman Group LLC Long-only · $150bn book | $858m | 0.6% | 11,544,576 | +$20m+33,135 | Added |
| MFS Investment Management Long-only · $315bn book | $354m | 0.1% | 4,695,435 | opened4,695,435 | New |
| Artisan Partners LP Long-only · $63.1bn book | $287m | 0.5% | 3,853,615 | -$50m-768,250 | Trimmed |
| AllianceBernstein LP Long-only · $302bn book | $231m | 0.1% | 3,179,999 | +$51m+180,735 | Added |
| Point72 Asset Management LP Multi-strategy · $90.7bn book | $188m | 0.2% | 2,528,457 | +$12m+109,973 | Added |
| Holocene Advisors LP Long/short equity · $44.4bn book | $146m | 0.3% | 1,963,696 | +$74m+979,281 | Added |
| Dodge & Cox Activist · $191bn book | $70m | 0.0% | 944,450 | -$100k-21,897 | Trimmed |
| Freestone Grove Partners LP Multi-strategy · $15.6bn book | $48m | 0.3% | 649,032 | -$34m-478,704 | Trimmed |
| ExodusPoint Capital Management LP Multi-strategy · $15.5bn book | $20m | 0.1% | 265,163 | opened265,163 | New |
Sold out of this quarter
Valued at what the position was worth in the previous filing, because by this one it is gone.
- Marshall Wace LLP · Quantitative$75m held before
- Voloridge Investment Management LLC · Quantitative$61m held before
Ownership through time
At least 19 of the 95 managers whose filings are on file listed WMB in Q2 2026, against 18 in Q2 2013. 5 managers fewer than in Q1 2026: 2 started positions; 1 listed it again; 2 sold out, by their own filings; 6 no longer listed it among the positions read, which can mean a holding below the listed range or a filing not yet made.
Each manager’s largest 500 positions a quarter are read, so a small holding in a very large book can be missing, and a manager is counted as leaving only where its own filing shows it.
- Q2 2013: 18
- Q3 2013: 15
- Q4 2013: 16
- Q1 2014: 17
- Q2 2014: 21
- Q3 2014: 20
- Q4 2014: 18
- Q1 2015: 17
- Q2 2015: 27
- Q3 2015: 24
- Q4 2015: 23
- Q1 2016: 12
- Q2 2016: 16
- Q3 2016: 20
- Q4 2016: 23
- Q1 2017: 23
- Q2 2017: 20
- Q3 2017: 16
- Q4 2017: 16
- Q1 2018: 18
- Q2 2018: 18
- Q3 2018: 14
- Q4 2018: 16
- Q1 2019: 12
- Q2 2019: 13
- Q3 2019: 16
- Q4 2019: 17
- Q1 2020: 15
- Q2 2020: 12
- Q3 2020: 12
- Q4 2020: 12
- Q1 2021: 7
- Q2 2021: 12
- Q3 2021: 12
- Q4 2021: 12
- Q1 2022: 13
- Q2 2022: 16
- Q3 2022: 15
- Q4 2022: 9
- Q1 2023: 12
- Q2 2023: 9
- Q3 2023: 9
- Q4 2023: 12
- Q1 2024: 13
- Q2 2024: 10
- Q3 2024: 9
- Q4 2024: 23
- Q1 2025: 23
- Q2 2025: 27
- Q3 2025: 27
- Q4 2025: 24
- Q1 2026: 24
- Q2 2026: 19
- Q2 2013: $3.1bn
- Q3 2013: $3.1bn
- Q4 2013: $2.9bn
- Q1 2014: $3.1bn
- Q2 2014: $5.5bn
- Q3 2014: $4.7bn
- Q4 2014: $3.8bn
- Q1 2015: $4.5bn
- Q2 2015: $6.0bn
- Q3 2015: $3.8bn
- Q4 2015: $2.7bn
- Q1 2016: $1.4bn
- Q2 2016: $2.8bn
- Q3 2016: $4.7bn
- Q4 2016: $4.5bn
- Q1 2017: $3.5bn
- Q2 2017: $3.6bn
- Q3 2017: $3.3bn
- Q4 2017: $3.3bn
- Q1 2018: $2.2bn
- Q2 2018: $1.8bn
- Q3 2018: $2.1bn
- Q4 2018: $2.1bn
- Q1 2019: $2.4bn
- Q2 2019: $2.5bn
- Q3 2019: $2.0bn
- Q4 2019: $2.2bn
- Q1 2020: $1.4bn
- Q2 2020: $2.2bn
- Q3 2020: $2.7bn
- Q4 2020: $2.3bn
- Q1 2021: $2.4bn
- Q2 2021: $2.9bn
- Q3 2021: $2.9bn
- Q4 2021: $2.8bn
- Q1 2022: $3.4bn
- Q2 2022: $3.0bn
- Q3 2022: $2.5bn
- Q4 2022: $2.4bn
- Q1 2023: $2.4bn
- Q2 2023: $3.2bn
- Q3 2023: $3.6bn
- Q4 2023: $4.0bn
- Q1 2024: $4.8bn
- Q2 2024: $5.2bn
- Q3 2024: $5.7bn
- Q4 2024: $6.8bn
- Q1 2025: $6.9bn
- Q2 2025: $7.1bn
- Q3 2025: $7.4bn
- Q4 2025: $6.4bn
- Q1 2026: $6.6bn
- Q2 2026: $7.4bn
Between the quarter ends of Q1 2026 and Q2 2026. Each change in shares is valued at the Q2 2026 price, so the price’s own move is left out; a 13F shows the two quarter ends, not when in between anything was bought or sold.
Started in Q2 2026
Largest increases, by shares
- Wellington Management Group LLP23,083,262 to 33,097,208 shares+$744m
- MFS Investment Managementnew: 4,695,435 shares+$354m
- Invesco Ltd18,079,759 to 19,289,385 shares+$90m
- Holocene Advisors LP984,415 to 1,963,696 shares+$73m
- ExodusPoint Capital Management LPnew: 265,163 shares+$20m
Largest decreases, by shares
- T. Rowe Price Associates Inc15,930,163 to 14,897,067 shares-$77m
- Artisan Partners LP4,621,865 to 3,853,615 shares-$57m
- Millennium Management LLC1,999,435 to 1,471,056 shares-$39m
- Freestone Grove Partners LP1,127,736 to 649,032 shares-$36m
- Verition Fund Management LLC245,456 to 99,645 shares-$11m
Left it
- Marshall Wace LLPwas $75m
- Voloridge Investment Management LLCwas $61m
| Manager | Value over time | First listed | Largest | Q2 2026 |
|---|---|---|---|---|
| Wellington Management Group LLP | Q1 2020 | $3.1bn | $2.5bn | |
| Invesco Ltd | Q2 2013 | $1.4bn | $1.4bn | |
| T. Rowe Price Associates Inc | Q2 2013 | $1.3bn | $1.1bn | |
| Neuberger Berman Group LLC | Q2 2013 | $858m | $858m | |
| MFS Investment Management | Q2 2013 | $403m | $354m | |
| Artisan Partners LP | Q4 2024 | $437m | $286m | |
| AllianceBernstein LP | Q2 2013 | $231m | $231m | |
| Point72 Asset Management LP | Q2 2014 | $253m | $188m | |
| Holocene Advisors LP | Q4 2017 | $146m | $146m | |
| Millennium Management LLC | Q2 2013 | $295m | $109m | |
| Dodge & Cox | Q2 2020 | $2.4bn | $70m | |
| Freestone Grove Partners LP | Q4 2024 | $82m | $48m | |
| Woodline Partners LP | Q1 2025 | $20m | $20m | |
| ExodusPoint Capital Management LP | Q3 2019 | $51m | $20m | |
| Hudson Bay Capital Management LP | Q2 2015 | $36m | $15m | |
| Fidelity (FMR LLC) | Q2 2013 | $2.5bn | last listed Q1 2020 | |
| Soroban Capital Partners LP | Q2 2013 | $1.2bn | last listed Q3 2016 | |
| Lone Pine Capital LLC | Q2 2014 | $800m | last listed Q4 2016 | |
| D. E. Shaw & Co. | Q2 2013 | $534m | last listed Q1 2026 | |
| Steadfast Capital Management LP | Q1 2014 | $451m | last listed Q2 2025 | |
| Glenview Capital Management LLC | Q2 2016 | $309m | last listed Q4 2019 | |
| Capital World Investors | Q3 2018 | $275m | last listed Q4 2019 | |
| Balyasny Asset Management LLC | Q2 2013 | $257m | last listed Q4 2025 | |
| Capital Research Global Investors | Q1 2015 | $246m | last listed Q1 2021 | |
| Jana Partners | Q2 2015 | $242m | last listed Q4 2015 |
What WMB is worth
Knowing who owns it is half the question. The other half is what it is worth against the companies it trades beside, which is the one an interviewer will follow up with.
Build the comp set around WMB →How much of the picture this is
A Form 13F reports US-listed long equity and nothing else: no shorts, no bonds, no cash and no non-US listings. It arrives forty-five days after the quarter ends, so a manager who sold in July still shows the position in a filing published in August. This page reads the managers on file here rather than every filer in the market, and each manager’s largest positions rather than the whole table, so a small position in a very large book may not appear. Say “their last filing showed” rather than “they own”, and the distinction will do you credit.
What to do with a name the funds are buying
Knowing who owns something is the start of a pitch, not the pitch. The next questions are what it is worth and why they were buying.
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The holdings, every quarter, and the week between
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